Deals
Aflac CEO Says Through-the-Roof M&A Prices Thwart Deal Prospects
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Aflac Inc. Chief Executive Officer Dan Amos said he’s sitting out the insurance industry’s wave of mergers and acquisitions because the market is too costly.
“The prices of insurance companies are through the roof,” Amos said in Aflac’s second-quarter earnings conference call Wednesday. “I can’t possibly see anything making any sense at this particular time.”